St. John Ascension Hospital Number of Employees

The recent announcement that St. John Ascension Hospital will be transitioning to a new ownership structure under LabCorp has left many employees concerned about their future benefits and job security. According to sources, current employees were told they would receive 'comparable medical insurance' as part of the deal, but details are still lacking on what this means for their retirement plans.

One veteran lab worker spoke to us about the concerns surrounding the change. 'We don't know what is going to happen to our benefits,' she said. 'If you don't accept the offer, once the changeover is done, you won't be working here anymore. We were told to reapply for our own positions.'

Under the new ownership structure, all lab work currently performed by techs and phlebotomists at St. John Ascension Hospital will be moved to a different facility in Troy and run by LabCorp. This means that many employees will be forced to reapply for their jobs with LabCorp, which has not indicated whether it will match the retirement contributions made by Ascension.

The move is part of a larger trend in the health care industry, where large hospital systems are consolidating and cutting costs at the expense of employees and patients. Ascension Health, the parent company of St. John Ascension Hospital, has a reputation for prioritizing financial performance over patient care and employee well-being.

According to reports, Anthony Tersigni, CEO of Ascension Health and Chairman of the Board of Ascension Capital, received an annual salary of $13.6 million in 2021, making him one of the highest-paid nonprofit health care executives in the country. Despite receiving over $1.8 billion in government funds under the federal CARES Act grants, the company is continuing its cost-cutting measures, including the termination of full-time employees and their replacement with contract workers.

The news comes as a blow to employees who have dedicated their careers to providing quality care to patients at St. John Ascension Hospital. As one employee put it, 'Ascension is going to replace all our jobs with contractors.' The move is likely to have far-reaching consequences for the hospital and its community, as well as for the many employees who will be forced to adapt to new working conditions.

As the health care industry continues to evolve, it is clear that patients and employees alike are paying the price for corporate greed. With millions of dollars in assets under management and an annual revenue of over $20 billion, Ascension Health has the resources to prioritize patient care and employee well-being. Instead, it chooses to focus on increasing executive compensation and cutting costs at the expense of those who matter most – patients and employees.

With the transition to LabCorp complete, only time will tell what the future holds for St. John Ascension Hospital and its dedicated staff. One thing is clear: the health care industry needs a change in direction, one that prioritizes people over profits.

St john ascension hospital number of employees